Rajasthan: Due to online cricket betting being banned in India, the companies used to feed people betting in the name of trading through mobile apps.
Despite the ban on online cricket betting in India, it was operating illegally. These companies were working through online websites and mobile apps.
The branch of the Rajasthan Income Tax Department revealed 38 such companies in which people were fed betting in the name of trading. During IPL, these companies had done a transaction of Rs 1500 crores.
These companies were being run in the name of one person. In this, some companies have been closed and the work of closing some is going on.
The branch of the Income Tax Department has seized more than 70 bank accounts of these companies.
Its first case came to light in Bikaner on November 2022. After this, the Income Tax Department started an investigation on 38 companies in Rajasthan, Delhi, and Gujarat.
Investigation revealed that these companies were running only on papers. These companies used to transact only with each other.
These companies used to ask people to buy coins through online websites and mobile apps. Bookies used to place bets on the basis of these coins.
These people used to change the speculative amount from 2 numbers to 1 number by showing it in fake commodity trading.
These people had plans to leave the country but have already come under the notice of the Income Tax Department.